HCPS FL Logo Business Services
Action Item
DATE: Tuesday, September 19, 2017
TO: School Board Members
FROM: Jeff Eakins, Superintendent
Approve List of Damaged, Stolen, and Missing Tangible and Intangible Personal Property (Business Services Division)
All site administrators are required to report on a Property Loss/Damage Report (PDR) any damaged, stolen, or missing district property.  State Statute 274.07 and Florida Administrative Code 69I-73.005 requires capitalized unaccounted property be reported to the Board in order to remove the assets from the Fixed Asset Master File.  The Board’s investment in fixed assets will be reduced by the net book value of the reported assets.  The time period for this report is January 1, 2017 – June 30, 2017.
• Establish a strong foundation of financial stewardship
At the date of the reported loss, the net book value (cost less depreciation) was $20,950.60.  Governmental agencies, per Government Accounting Standards Board (GASB) Statement 34, are required to utilize depreciation in reporting net assets.
The Property Control team conducts training continuously.  The audience includes media specialists, technology specialists, Assistant Principals, Area Superintendents, and school district departments. Training includes a review of the process to follow for missing, lost, or stolen items. 
SUBMITTED BY:  Jeffrey A. Robison, Accountant II, Property Control
Gretchen Saunders   Dr. Alberto Vázquez
Chief Business Officer
(813) 272-4270
  Chief of Staff
(813) 272-4986
    C 6.08
Hillsborough County Public Schools (Florida) * Mtg.#20170919_819 (Board Meeting followed by Public Hearing) * Section C Item# 6.08